Use the below information to answer the following FIVE questions (numbered 14 through 18).

Helena Company manufactures two products: Product P30 and Product P40. A contribution format income statement related to a recent month for the two products is given below.

14. What is the overall contribution margin ratio?

a-35%

b-40%

c-60%

d-65%

15. What is the overall break-even point for the company in sales dollars?

a-$240,000

b-$540,000

c-$600,000

d-$1,350,000

16. What is the amount of relative sales dollars for product P30 at the break-even point?

a-$360,000

b-$390,000

c-$877,500

d-$1,350,000

17. What is the amount of relative sales dollars for product P40 at the break-even point?

a-$210,000

b-$240,000

c-$472,500

d-$1,350,000

Sales Variable Expenses Contribution Margin Fixed Expenses Net Operating Income Product P30 $877,500 526,500 $351,000 Product P40 $472,500 283,500 $189,000 Total $1,350,000 810,000 540,000 240,000 $300,000